Phil Brown

Berenberg Selects Kaizen for Regulatory Reporting Assurance Jean-Marie Mamodesen, Managing Director – Head of European Sales at Kaizen, commented: “We are delighted to be working with Berenberg, one of Europe’s leading privately-owned banks, to independently check the quality of their EU and UK MIFIR Transaction Reporting data. It’s a challenging time for firms as they grapple with significant regulatory change including EMIR Refit and the EU’s MiFIR Review. The solutions we offer at Kaizen help ensure that firms have the best control framework in place and are better served to deliver the high standards that the regulators have come to expect.” Stephan Henning https://lnkd.in/eFitir5D #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

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Markets that rapidly expand will always attract attention, not all of it good. The private debt market is no different. With the great financial crisis still top of mind, regulators and market analysts have understandably asked questions about its veracity. In our latest whitepaper, Alter Domus head of portfolio credit risk, Rudy Bunja, steps beyond the headlines and examines just why private debt has proven itself to a very viable alternative to traditional financing routes. Furthermore, he outlines how the worries of a 'bubble' fail to take heed of historical examples, and details how the market is not so 'opaque' after all. Read the article here: https://lnkd.in/eM_BMMaS

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Find out how the legal division underpins CACEIS’ acquisition and restructuring projects, from the initial stages to the full completed process, including all operational, commercial, financial and legal aspects 👉 https://ow.ly/XPuF30sCk3V #AssetServing #AssetManagement

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🎺 Insight/Out Magazine #30 is Out! What if Luxembourg takes the lead in Private Asset data standardisation?  By Tomasz Szubartowski, FCCA - Head of Design & Client Consulting, Private Asset Services, efa. A more professional approach to asset servicing is required as global demand for private asset fund investments continues to grow. Investors have the right to demand regular, comparable updates of financial and qualitative data about their holdings. Greater standardisation of industry KPIs would make a major contribution to such an upgrade. The private equity industry has thrived for decades on a foundation of mutual trust between general and limited partners. Such “club deals” are lubricated by semi-formal conversations and email exchanges between long-standing trusted colleagues, ensuring that portfolios are serviced in line with mutually understood values. Formal reporting tends to be of a relatively basic nature. Download the full Article : https://lnkd.in/e9d7wBpM #efa #datastandardisation #AssetManagement #LPEA #UniversalInvestmentGroup #OneUI

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We are delighted to announce TP ICAP as an Associate Partner for the Hedgeweek EU Digital Assets Summit. ETP ICAP connects buyers and sellers in global financial, energy and commodities markets. It is the world's leading wholesale market intermediary, with a portfolio of businesses that provide broking services, data & analytics and market intelligence, trusted by clients around the world. We operate from more than 60 offices across 28 countries, supporting brokers with award-winning and market-leading technology. Today, TP ICAP’s Digital Assets business provides broking, execution, and trading venue services to wholesale market participants for crypto assets, the first liquid asset on blockchain technology. Tomorrow, as we continue our innovation journey, we will take a leading role in the digitisation of traditional asset classes by providing key market infrastructure to our clients for tokenised assets.  📅 Thursday 27th June 2024 📍etc.venues County Hall, London Apply to attend here: https://zurl.co/VPHo #HWDigitalAssetsSummit #hedgefunds #digitalassets

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Pictet Asset Management unveils European blended fixed-income fund. Pictet Asset Management has launched a euro-denominated fixed-income fund, primarily offering access to a range of investment grade and high-yield credit. Jon Mawby, Charles-Antoine Bory. Check out Damisola Sulaiman's latest article 👇 https://incm.pub/3vVRueu #investment #investmentmanagement #wealthmanagement #finance

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Euroclear FundsPlace® offers a digitised platform for asset managers, fund administrators, and distributors, streamlining the investment journey for #PrivateMarketFunds. Asset managers can list their #funds, making them accessible to over 2,000 distributors in the network. Discover how this homogenised market infrastructure enhances connectivity and helps all participants👇

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Find out how the legal division underpins CACEIS’ acquisition and restructuring projects, from the initial stages to the full completed process, including all operational, commercial, financial and legal aspects 👉 https://ow.ly/qt6M30sChPX #AssetServing #AssetManagement

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Just in: Leading European credit manager Arcmont Asset Management receives regulatory approval for Long-Term Asset Fund Posing as an open-ended strategy, the Financial Conduct Authority has approved Arcmont to launch its LTAF today, the first of its kind offered by a specialist private debt asset manager, said Arcmont in a statement. LTAF is a new regulatory structure in the UK, aiming at giving sophisticated and professional investors more access to illiquid access, among which the alternative investments space such as private credit and private equity strategy. Arcmont’s fund aims to invest in European direct lending opportunities, and offers liquidity to a wide range of investors including UK defined contribution pension schemes, reports Bloomberg. The fund allows an opportunity to diversify professional investors’ portfolio to private debt, further boosting the space with capital. This structure could be particularly useful for UK DC pension schemes, as previously they were restricted in allocating resources to direct lending strategies. More investors eager to deploy in the space, to now new regulatory structure created for access. Potentially expect to see more credit managers compete in trying to unlock this type of funding and tap a new source of capital. Follow to keep updated in alternative investment and private credit. #privatecredit #privateequity #investmentbanking #financing #directlending

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🔔 We are back with some exciting insights from the Creditflux CLO Conference which took place this week, and we were lucky to attend. Here's what's buzzing in the market: ➡ Healthy Euro CLO Market: Euro CLO market is back stronger after 2 disappointing years. With new and returning investors, plus 70 active managers, the scene is attractive. Fundraising is positive, making CLOs a favoured choice in alternative strategies ➡ CLO & BSL Documentation Trends: Big Q1 in loan issuance, but older CLOs face challenges. New CLO docs innovate with features allowing more flexibility to deal with A&Es and other structural enhancements. However, transfer restrictions in BSL market pose risks – initially cov-lite was accepted because lenders could ultimately trade out if they didn’t like how the business was performing, but transfer restrictions are complicating matters  ➡ Liability Management/Creditor-on-Creditor Violence: Risks loom, but lenders organise early for best results. Cooperation agreements gain prominence. LME transactions expected to continue, impacting recoveries and amidst advisory fees. ➡ Private Debt vs. BSL vs. HYB - Compete or Coexist?: Private debt is expected to coexist with BSL, offering structural benefits. Pressure to deploy tightens spreads, leading to looser terms. Convergence is a natural aspect of market evolution – HYB dominated 20 years ago, so the BSL market adapted with cov-lite, now the same trend is emerging as between BSL and private debt, with BSL offering delayed draw in some cases ➡ Lack of Information in Private Debt Market: the lack of information on default risk persists as low default rates may mask underlying amendments and extensions. Discussions among direct lenders keep defaults low, fostering solutions. ELFA is working on many of these issues, including engaging with private equity sponsors on the problems with transfer restrictions and educating members on trends such as A&Es, which we are covering in an ELFA Seminar Series event with global law firm Akin Gump Strauss Hauer & Feld LLP next week on 23rd May. You can find out more here: https://lnkd.in/dmAMk8ds

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Last week Reji Vettasseri, Lead Portfolio Manager of DECALIA’s private credit programme, spoke at the Private Debt Investor Europe Conference in #London.   He helped moderate a round table on “The Golden Age of Private Credit” and participated on a panel on about #opportunities special situations lending, talking about the exciting opportunities for new origination in #PrivateCredit and why, despite a #MacroEconomicDownturn, private credit is not seeing a major default #cycle. #PDIEurope #PrivateMarkets #PrivateEquity #PrivateDebt #PrivateCapital

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CACEIS offers all group employees a conference on "How to improve your sleep?". Many thanks to Thibaud DUMAS, Ph.D in cognitive neuroscience for this successful conference, his explanations to understand mechanisms of sleep at a biological and cerebral level and his tips to boost our energy and improve our sleep. #qualityoflifeatwork

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The move will enable Groupama Asset Management to optimise its performance through improved access to a wider range of activity with increased negotiating power. #buyside #groupama #assetmanagement #amundi #execution #parternship #markets #trading

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Our Head of Markets and Surveillance Guy Weymeschkirch recently sat down with Miao L. Head of Debt Capital Markets (BIL) as part of the Luxembourg Financial Markets Association SPOT & FORWARD interview series. The discussion focused on LuxXPrime, LuxSE's retail-sized bond trading offering, its role in Luxembourg's wider trading ecosystem, and the crucial steps towards democratising trading practices for both institutional and retail investors.    👉 Watch the full video: https://lnkd.in/ebgvnttC    #LuxembourgFinancialMarketsAssociation #TradingEcosystem

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The Luxembourg market has become even more attractive for arrangers and originators of securitisation transactions since the introduction of the law of 22 March 2004 on securitisation. In the article below, Arek (Arkadiusz) Kwapien, Director of Corporate Services in Luxembourg, has set out a guide to securitisation in Luxembourg.

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🗞️ [#FinancialTimes] | The unipolar world of the past decades is no more, leading to more complexity and risk between countries. #Geopoliticalrisk will rise for the remainder of this decade due to: 🔹 Sanctions 🔹 Tariffs 🔹 Trade wars 🔹 #AI Anna Rosenberg, Head of Geopolitics at Amundi mentions how geopolitical analysis has become a critical factor in the investment process requiring #investors to assess evolving risks, adjust positions and implement hedging options. Find out how geopolitical trends may offer investors opportunities at the company, sector, #assetclass and country levels in the Financial Times ⤵︎ https://lnkd.in/d5ryGqUd

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Great interview by Delano of the CEO & Chairman of MFS, Mike Roberge and Lux Head of Office (and GFR certified member), Michael Derwael. Remember that MFS is the inventor of the open-ended fund and a staunch proponent of active management. Love the clarity of perspective offered and conviction. Highlights include market outlook, trends in asset management and the importance of active management.

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